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428 Government Ave
Valparaiso, FL 32580

$1,123,000 USD

Self Storage For Sale  •  20,424 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 23,799 SF
  • Lot Size 1.03 AC
  • Building Class C
  • Year Built 1988
  • Zoning I-1
0 Transit Score
29 Walk Score

Highlights

Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8.02%
151 Units | 20,424 Gross Rentable SF | 23,799 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
Facility is equipped with internet-based keypad entry, and comes with an app for easy access, providing customers the ability to rent units and pay t
Self-Storage opportunity spanning 1.03 acres, strategically located in an area with a population of 70,132 within 5-miles

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Eglin AFB/Destin-Ft Walton Beach 20 min - 3.6 mi
Christopher Travis 407-924-1408 Ripco Real Estate
Christopher Travis 407-924-1408 Ripco Real Estate